To the accounting expert please help me solve this exercise.

Exercise 17-3 Quick ratio-calculation and analysis L04 Part of your job is to review customer requests for credit. You have three new credit applications on your desk and part of your analysis requires that the current ratios and quick ratios be compared. a. Complete the following schedule (round to two decimal places). 1 2 3 Account Cash.. $2.520 $1,400 $ 1,540 Current non-strategic investments. $ 0 $ 0 $ 700 Current receivables $2,800 $1,386 $ 280 Inventory $ 980 $1,400 $ 6,440 Prepaid expenses $ 280 $ 840 $ 1.260 Land $4,200 $5,600 $23.800 $3,080 $1.540 Current liabilities $ 5,110 Current ratio Quick ratio b. Based only on the information provided, which applications will you approveot approve and why? O'C ES TA w o BI